Bitcoin Thread

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Might as well go the whole 9k yards now and make it worth my while.
 
phly said:
Stupid bitcoin - at this rate 8.2k is possible :mad:
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Here is the problem...the lemmings forgot the numerous pump and dumps from last year May to now...without any real positive news or innovation this is just another whale pump and dump.....I still see it getting to less than $3000 before we hit $15000 again
 
Damac10 said:
Here is the problem...the lemmings forgot the numerous pump and dumps from last year May to now...without any real positive news or innovation this is just another whale pump and dump.....I still see it getting to less than $3000 before we hit $15000 again
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It's not a pump and dump. Was a simple short squeeze, $70m in Bitmex shorts liquidated. Will likely come tumbling down when they try to push it higher.
 
Swa said:
It's not a pump and dump. Was a simple short squeeze, $70m in Bitmex shorts liquidated. Will likely come tumbling down when they try to push it higher.
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by definition what you said is pump and dump...any upward move driven by whales with no basis in real world is a pump. when traders are squeezed out and prices go down sharply by 10 percent or more that's a dump..
 
Damac10 said:
by definition what you said is pump and dump...any upward move driven by whales with no basis in real world is a pump. when traders are squeezed out and prices go down sharply by 10 percent or more that's a dump..
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Fair enough. Just stating that it's not real money going in or out but rather forced buy back. Whether it's driven by whales or not I would not know.
 
Swa said:
Fair enough. Just stating that it's not real money going in or out but rather forced buy back. Whether it's driven by whales or not I would not know.
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We all broke currently..its def the whales...haha...I just want a low entry point ....
 
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Gtx Gaming said:
Yeah I told my self I am going big this time with the halving happening soon.

BTC was created because of the 2008 crisis, we in another crisis, so lets see what BTC can do.

View attachment 831244

Stuff looking great in the USA lol
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Ironically it reacted the same way in every crisis/setback and there's another Corona and selloff wave coming. Then there's the Mercury event on the 18th June.

$2k incoming perhaps.
 
Swa said:
Ironically it reacted the same way in every crisis/setback and there's another Corona and selloff wave coming. Then there's the Mercury event on the 18th June.

$2k incoming perhaps.
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not impossible that the nature of the BTC beast
 
Swa said:
Ironically it reacted the same way in every crisis/setback and there's another Corona and selloff wave coming. Then there's the Mercury event on the 18th June.

$2k incoming perhaps.
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I invested. It's going to die.

I'm in it for the long-term though.
 
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Us whales starting to wake up I guess. I'm cashing out some 9k hopefully
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